Browsing: Oil and gas in South Sudan

South Sudan is leaving its violent past behind as the country finally heads towards lasting stability.

Boasting the third-largest oil reserves in sub-Saharan Africa, South Sudan is the only mature oil producer in East Africa. The country is one of the oldest producers on the continent, with substantial proven reserves of close to 3.5 billion barrels of oil and 3 trillion cubic feet of gas.

Dr Arkangelo Okwang Oler, Director-General for Planning, Training and Research at South Sudan’s oil ministry, spoke at the recent Africa Oil & Power 2019 conference in Cape Town,  reassuring investors that now is the time to invest in the country.

According to Dr Oler, South Sudan’s oil production has increased and once they have fully accessed a new oil field, 5A, they can expand production. He says, “We’re currently processing 178 000 barrels but this is without 5A, once this agreement is processed we should …